Not exact matches
CDR --- your projection for your end result is probably correct.The wealth of switzerland will be the value of its international portfolio.If it is so easy why doesn't everyone do this.It is similar to the perpetual money machine of the U.S. Fed — they build a massive balance sheet of U.S. treasury
debt and then clip the coupons and pass the «earnings» back to the Treasury filling the gap of an
ever expanding deficit.Following the Swiss model the Treasury should just issue more
debt and sell it to the FED and
collect the annual interest income — simple
If they choose college, they might find a higher - paying job in the long run, but they'll have to take out loans and pile up
debt before
ever collecting a paycheck.
A discharge is an order from a federal court that prevents your creditors from
ever attempting to
collect the
debts you currently owe.
A discharge of the
debts means your liability for those
debts is gone and the creditor can not
collect on those
debts ever again.
You're not sure who your true friends are, you're not sure if the job you're already at is the career path you'd like to continue it, and you're definitely not sure if you'll
ever get rid of all that
debt you've
collected as you graduated from college!
Because the DOE and federal government have so many resources for
collecting debt (income tax returns, social security payments, wage garnishing), it is rare they
ever accept a
debt settlement.
Data shows after that period of time, it is highly unlikely the
debt will
ever be
collected.
According to Bankruptcy Basics, an overview of the United States Bankruptcy Code, a bankruptcy discharge «releases debtors from personal liability from specific
debts and prohibits creditors from
ever taking any action against the debtor to
collect those
debts.»
Once you receive your bankruptcy discharge, creditors are prohibited from
ever trying to
collect the
debt again.
If you hire someone to
collect the
debt, you're potentially throwing good money after bad, without
ever realizing a result.